Food Wholesale Company Investment Opportunity in Bangalore, India
|Employees||100 - 500|
|Legal Entity||Private Limited Company|
|Reported Sales||USD 4.3 million|
|Run Rate Sales||USD 2.8 million|
|EBITDA Margin||0 - 10 %|
|Industries||Food Wholesale + 1 more|
|Local Time||10:38 PM Asia / Kolkata|
|Listed By||Management Member|
- Online marketplace for food and grocery products like fruits, vegetables and staples.
- Have integrated a B2B and B2C model. We have over 10 lakh end users registered on the platform and 350 business clients. We process around 1,700 orders on a daily basis. Our gross margin on sales is 25%.
- Sales have dipped due to a decline in orders arising from the ongoing pandemic.
- We have entered into 10 B2B monthly contracts for the same. Our clients come from different industries ranging from restaurants to research and software development.
- We also manufacture our own line of bakery products and have a registered brand for the same. We process over 100 baking orders on a daily basis.
- Business has 300 registered suppliers and we conduct product delivery on our own. We have hired around 25 delivery staff members and they are compensated on the number of deliveries made. The delivery vehicles are owned by the delivery staff members.
- We have not engaged in much of digital or social media marketing. We primarily rely on goodwill and word-of-mouth promotion.
- Promoter has over 20 years of experience in this industry.
Engaged in manufacturing bakery products, white labelling, staples repacking, distribution for brands, B2C mobile app/website for delivery of food and grocery products, and B2B mobile delivery.
We own some baking equipment, office equipment, racks, crates, cleaning, segregation machinery and accessories.
Intangible assets include our own website, mobile app, and customer database.
We have 20,000 square feet property with 3 floors on a rented basis where we pay INR 3 lakh/monthly.
Earlier than 15 daysDirector, Education, Hyderabad, Corporate Investor / Buyer connected with the Business
Earlier than 15 daysCEO, Parking And Mechanical Services, Bangalore, Individual Investor / Buyer connected with the Business
Earlier than 15 daysPartner, Industrial Machinery, Kolkata, Corporate Investor / Buyer connected with the Business